Va. Code § 13.1-1099.17

Current with changes from the 2024 legislative session through ch. 845

Section 13.1-1099.17 - Plan of merger

In a merger under § 13.1-1099.16, the plan of merger shall:

1. Comply with § 13.1-1070;

2. Include the manner and basis of converting the protected series membership interests in the canceled protected series in the manner set forth in subdivisions C 4 and 5 of § 13.1-1070; and

3. State:

a. For any protected series of a non-surviving series limited liability company, whether after the merger the protected series will be a relocated protected series or be dissolved, wound up, and canceled;

b. For any protected series of the surviving series limited liability company that exists before the merger, whether after the merger the protected series will be a continuing protected series or be dissolved, wound up, and canceled;

c. For each relocated protected series, its new name; and

d. For any protected series to be established by the surviving company as a result of the merger, the name of the protected series and the post office address of its principal office.

Va. Code § 13.1-1099.17

2019, c. 636.

Added by Acts 2019 c. 636, § 1, eff. 7/1/2020.